Which risk is insur - Study guides, Class notes & Summaries
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PRIMERICA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS
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PRIMERICA LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 
 
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - ANS A. mutual 
 
funds not paid out after paying claims and other operating costs are returned to the p...
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Alabama Property and Casualty Sample questions with correct answers
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What is a hazard? CORRECT ANSWER an increase in the possibility that a loss might occur 
 
transfer risk from a person or business to an insurance company that agrees to to pay for losses in exchange for a premium. CORRECT ANSWER insurance 
 
The type of insurance company in which the policyholder is considered an owner, with the right to vote and share in the profits is a CORRECT ANSWER mutual company 
 
Jewel Canford's home is insured by XYZ Insurance Company. Last year she made the final mor...
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Exam Fx-Property and Casualty Exam Questions & 100% Correct Answers | Latest Update | Graded A+
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To be considered an insurable risk, a loss may NOT be 
: catastrophic 
Which of the following persons would be required to hold a producer license? 
: a nonresident agent who negotiates insurance contracts 
Which of the following is the oldest known type of insurance? 
: ocean marine 
The contents coverage on a homeowners policy would pay how much after the loss of 
one of a pair of golden candlesticks? 
: the difference in the actual cash value as a pair and as a single 
Which of the following...
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Illinois Casualty Insurance Exam Review 2024 Questions and Answers 100% Pass
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Illinois Casualty Insurance Exam Review 2024 
Questions and Answers 100% Pass 
Premium - Correct Answer ️️ -money paid by the insured to the insurance company in 
exchange for the insurance policy 
Lapse - Correct Answer ️️ -when a policy is terminated due to non-payment of 
premiums 
First Party Claimant - Correct Answer ️️ -is an insured making a claim under their own 
policy for damage to their insured property 
Third Party Claimant - Correct Answer ️️ -is a person or organiza...
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AIC 30 Exam Practice Questions and Answers 100% Pass
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AIC 30 Exam Practice Questions and 
Answers 100% Pass 
First Party Focus - Correct Answer ️️ -Coverage and Amount of damage 
Second Party - Correct Answer ️️ -Insurance Company 
First Party - Correct Answer ️️ -Insured 
Third Party - Correct Answer ️️ -Claimant 
Third Party Focus - Correct Answer ️️ -Liability, Coverage, and Amount of damage 
Third Party Administrator (TPA) - Correct Answer ️️ -an organization that provides 
admin services associated with risk financing a...
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XCEL TESTING SOLUTIONS – LIFE & HEALTH INSURANCE WEIGHTED EXAM WITH 100% CORRECT QUESTIONS AND ANSWERS 2024.
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XCEL TESTING SOLUTIONS – 
LIFE & HEALTH INSURANCE 
WEIGHTED EXAM WITH 100% 
CORRECT QUESTIONS AND 
ANSWERS 2024. 
2 / 16 
1. The Do Not Call Registry offers exemptions for calls placed from all of thefollowing 
EXCEPT: insurance sales calls 
Charities, political organizations, and surveys are all offered exemptions fromTheDo Not Call 
Registry 
2. The type of policy where the insurer can send a notice to the insured that the policy has been 
cancelled in the middle of the term is called: cance...
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WFG Final Exam Questions and Answers 100% Correct
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WFG Final Exam Questions and 
Answers 100% Correct 
John owns an insurance policy that gives him the right to share in the insurer's surplus. 
What kind of policy is this? 
-Non-participating 
-Contributory 
-Participating 
-Surplus - Correct Answer ️️ -"Participating". 
Participating policies give the policyowner the right to 
share in the insurer's surplus. 
Which of the following is NOT a benefit of insurance? 
-Reduces the uncertainty of loss exposures 
-Losses due to fraud are elimi...
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Adjuster Pro Module 3-A Homeowners & 3 A.1 Tx HO Supplemental WITH 100% CORRECT ANSWERS 2024
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The Standard Fire Policy 
-1st used in 1918 in NY 
-Provided homeowner & commercial property protection. 
-ACV valuation 
-Named peril policy 
-Only covered fire & lightening 
 
 
 
"165 Line" Policy 
The original Standard Fire Policy spent 165 lines explaining new insurance concepts that are still used today: 
-Concealment & misrepresentation 
-Property & perils excluded from coverage 
-Insurance cancellation due to an increase in hazards 
-Obligations to a mortgagee 
-Insured's duties in th...
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WA State Property & Casualty State exam Actual Questions and Answers 2024/2025 with complete solutions;100% verified
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Auto Assigned Risk Plan - The Commissioner must develop a Assigned Risk Plan. Applicants who 
are in good faith entitled to but are unable to procure auto insurance through the ordinary market. All 
auto Insurers must subscribe to the Assigned Risk Plan. 
Autos - Proof of Financial Responsibility - Show proof of insurance requested by a police officer; 
and at the time of of accident. Insurers must provide each policyholder with an Insur ID card, Personal 
auto policies must be issued for a peri...
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Xcel Testing Solutions- Life and Health Insurance- Weighted Exam 2023
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The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - correct answer insurance sales calls 
Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry 
 
The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - correct answer cancelable 
The renewability provision in a cancelable policy allows the insurer to cancel or termina...
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